Tax news stories

Only two firms offer low-cost computer-generated financial advice, despite it being available for four years.

BlackLine CEO Marc Huffman says intercompany accounting is a ‘distraction’ within F&A for many multinational organisations.

Cybersecurity tax will hinder investment in future progress for Australian and New Zealand organisations in 2022, says Gartner.

A corporate reorganisation proposes Amazon Web Services NZ Ltd will replace Amazon Web Services, Inc. 

Inland Revenue's new guidance aims to provide more certainty for New Zealand taxpayers who hold crypto-assets, and to help people ‘get things right from the start’.

The increase has been noticeably driven by people looking to start earning independently, as many have been let go from permanent jobs and are seeking alternatives. 

The revenue system will be closed for a week in April as Inland Revenue introduces a new round of changes to make tax more straightforward.

“If they don’t play by the new rules, we will know who they are, and they should expect we’ll be in touch."

Hnry was designed to make life easier for contractors, freelancers and other independent earners, providing an online service that takes care of their financial admin.

“More businesses are opting to take the guesswork out of provisional tax in favour of the greater certainty that AIM provides."

Inland Revenue prosecuted Nicola ‘Nicky’ Dargie for failing to pay PAYE, leading to the liquidation of all of her businesses. It’s not the first time she has been convicted.

“We’ve received more than 900 reports over the weekend. It looks like the real thing but has some tell-tale mistakes that people can use to tell it’s a scam."

"We want to help avoid paying too much tax throughout the year so we can minimise the annual ritual of waiting to be refunded."

"Waiting until the end of June to consider how to make the most of EOFY will make it difficult to manage the baseline tax and financial requirements, let alone make time for advanced business planning."

Here's a breakdown of what Bartercard actually is and how it provides invaluable opportunities for businesses privy of its network.

Multinational tech and digital services firms may no longer have a free tax pass to operate in New Zealand. 

Providers have been working closely with Inland Revenue to make sure they can meet their clients’ needs when the changes roll out.

The biggest tax changes in a generation are coming, and they will affect almost every business household and business across the country. 

NZTech’s chief executive describes why he thinks the government’s research and development will work, and the pitfalls it needs to avoid.

Inland Revenue’s new Accounting Income Method now has plenty of early adopters and now the focus is on improving the product for year two.

Inland Revenue says that more than 1,100 businesses have signed up to the new Accounting Income Method (AIM) so far.

“Too many business startup owners try to do it all on their own, so they rely on their own interpretations, or what their mates tell them."

Sorry to be the party pooper but it may be time to get your toes in line and cancel that ASOS order you were going to cover with your tax refund.

Inland Revenue gets a few raised eyebrows when it promotes accounting software to SMBs, but are definite transformative benefits for tax obligations.